Oracle's depressed valuation creates opportunity to buy shares, says Morgan Stanley
Morgan Stanley raised its target price on Oracle to US$57 per share from US$50
Company
Amazon.com Inc
NASDAQ:AMZN
Amazon.com Inc provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. The company manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo and Ring, and it develops and produces media content.
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Oracle shares drop as reports emerge that Amazon and Salesforce may be dropping its technology
Amazon is increasingly moving into more enterprise software through its Amazon Web Services segment
Amazon takes bigger share of holiday online retail sales thanks to Prime, says analyst
Prime membership growth has given Amazon's sales a boost in a competitive retail environment, said GBH
Amazon.com says enjoyed strong holiday season, with Prime membership levels rising
The online retail giant said that in one week during the holiday period, more than four million people either began trial memberships of Amazon Prime or started paid memberships
Amazon could face probe by UK advertising watchdog over late delivery complaints
The Advertising Standards Authority is considering whether to launch a formal inquiry into Amazon
Oracle shares drop after quarterly cloud sales miss expectations
Oracle has been playing catch up with market leaders in cloud computing including Amazon and Microsoft
United Natural Foods shares ease after failing to excite market with higher than expected first quarter sales
Sales in the quarter rose by 8% to US$2.46bn, against market consensus for US$2.39bn in sales
Amazon rolls out unlimited music streaming service to 28 new markets
Amazon has become a rival to Spotify and Apple Music in music-streaming
Google pulls YouTube from Amazon devices as row between the tech giants escalates
Google will no longer support YouTube on Amazon's Echo Show and Fire TV
Walt Disney said to be nearing deal to buy 21st Century Fox assets
Comcast is also believed to be in negotiations with Fox
Amazon launches in Australia but many consumers underwhelmed by pricing
Australia presents a challenge for Amazon given its sheer land size and low population density
21st Century Fox 'restarts talks' with Walt Disney to sell most of business, including Sky
A potential deal would end Fox’s pursuit to buy the rest of the stake in Sky that it does not already own.
CVS Health to buy Aetna for US$69bn amid rumours Amazon will move into pharmaceuticals
The merger is seen as a defensive move by some, amid reports Amazon is to enter into the pharmacy sector
Blue Apron co-founder Matt Salzberg steps down as chief executive
Blue Apron has started the search for a new chief financial officer
Amazon said to be exploring the possibility of entering pharmaceuticals
The e-commerce giant has held conversations with Mylan and Sandoz, a unit of Novartis, according to a report
Hardware & electrical equipment
Apple, Amazon, Facebook and Alphabet rebound after broad sell-off of US tech stocks
The Nasdaq posted its biggest one-day drop in more than three months on Wednesday
Amazon expected to take biggest chunk of record Cyber Monday sales in US
Amazon is estimated to have a 42% share of all online sales
Amazon shares higher on Cyber Monday as Jeff Bezos's worth surpasses US$100bn
It comes as founder Jeff Bezos has become the second man to amass a personal fortune of more than US$100bn
Amazon uses Black Friday and Cyber Monday to attract customers to cashless bookstores
Amazon is expected to capture half of the e-commerce holiday spending growth
Black Friday sales surge in US as Amazon, Target, Wal-Mart extend deals
Retailers have been extending sales across the week to maximise hype and boost sales